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This entry was published on 2014-09-22
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ARTICLE 73
Conversion to Different Type of Insurer
Insurance (ISC) CHAPTER 28
ARTICLE 73

CONVERSION TO DIFFERENT TYPE OF INSURER
Section 7301. Prohibited conversion.

7302. Conversion of stock life insurance companies into mutual

companies.

7303. Conversion of retirement systems into mutual life

insurance companies.

7304. Conversion of fraternal benefit societies into mutual

life insurance companies.

7305. Conversion of assessment corporations into advance

premium corporations.

7306. Conversion of advance premium corporations or assessment

corporations into mutual property/casualty insurance

companies.

7306-a. Reconversion of domestic mutual property/casualty

insurance company into advance premium corporation or

assessment corporation.

7307. Conversion of domestic mutual property/casualty

insurance companies or advance premium corporations

into domestic stock property/casualty insurance

companies; insurers not in rehabilitation.

7308. Conversion of domestic reciprocal insurers into stock

property/casualty insurance companies.

7309. Conversion of domestic reciprocal insurers into mutual

property/casualty insurance companies.

7310. Reorganization of domestic guarantee capital life

insurance companies into domestic stock life insurance

companies.

7311. Conversion of domestic mutual property/casualty

insurance companies or advance premium corporations

into domestic stock property/casualty insurance

companies; insurers in rehabilitation.

7312. Reorganization of a domestic mutual life insurer into a

domestic stock life insurer.

7313. Reorganization of domestic mutual accident and health

insurance companies.

7315. Reorganization of domestic life insurance companies.

7316. Conversion of savings banks life insurance into a mutual

life insurance company.

7317. Conversion of certain article 43 corporations.